Atlanta, GA – August 17, 2018 – Payspan today announced that it has been recognized as one of the Top 10 Patient Engagement Solution Providers in 2018 by Healthcare Tech Outlook, a magazine offering healthcare decision-makers critical information on adopting, innovating and building new programs to enhance care delivery. View the article.
Payspan was selected by the magazine for its ability to build healthcare technology solutions that lead to better patient engagement with regards to both health and payment responsibility. Payspan’s Quality Incentive Communications System (QICS) was created to inform providers about care gaps so they can work with their patients to close the gaps and improve health. On the payment side, Payspan offers a suite of epayment and phone solutions that make it easy for patients to pay their growing portion of the healthcare costs.
QICS leverages Payspan’s secure epayments network to enable health plans to share care gap alerts, guidance about quality measures and incentives reports via attachments over the network. Providers, in turn, share proof of care gap closures to receive incentives. The technology solution dissolves provider barriers to value-based care, helping health plans reduce avoidable costs and improve care outcomes.
Payspan’s payment solutions for patients enable providers to offer convenient, flexible options that support a variety of patient needs, from online bill pay, to setting up payment plans, to multilingual online and integrated voice response (IVR) phone options. Supporting patients to meet their financial responsibility also helps keep them engaged with their health. They are more likely to keep seeing their physicians as needed and participating in self-care behaviors such as screenings and treatment regimens if they can keep up with their payments.
“We are delighted that our technology solution that helps health plans accelerate value-based care is creating a buzz in the healthcare industry,” says Ben Lazar, chief product officer for Payspan. “We have received a lot of interest from leading health plans, which shows that our quality incentive communications system is dissolving barriers to quality care by enabling providers to engage patients in behaviors that lead to better health outcomes.”
Payspan is the nation’s leading provider of healthcare electronic reimbursement and payment automation services, leveraging the largest healthcare network to drive value-based care reimbursement, improve the patient experience and reduce costs for health plans and providers. Payspan connects more than 600 health plans, 1.3 million provider payees and 100+ million consumers to facilitate alternative payment and reimbursement solutions and the exchange of meaningful healthcare information.